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Oct 6, 2012 6:30am PDT
is a professor of international business and dan gross is a global business editor at "newsweek" and "the daily beast." here's what the labor marked the looks like right now, these jobs. this is what it looks like. the unemployment rate is now 7.8%. that's the lowest since early 2009. 114,000 jobs created in september. not a lot, not great, but it is still a jobs growth. 40% of the people who are unemployed have been out of work for six months or longer. that's long-term unemployment. still a big concern and look at underemployment. 14.7%. these are people who are out of work or would like to work full time but aren't the working -- they are working not to their potential. peter morici, the economy is not giving them everything that they could be working with. despite these numbers, you know, a drop in the jobs rate in particular, you say that it fuels concerns recovery is sputtering and a recession is imminent. why? >> well, for one thing, manufacturing has lost jobs for a couple of months in a row and that was one of the bright stars of the recovery. a number is the unemployment rate is down
Search Results 0 to 1 of about 2 (some duplicates have been removed)